If you’re looking to buy in ROOTY HILL then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $625,000 over the last year.
Between 2005 and 2011 the population of ROOTY HILL, 2766 grew an average of 222.20 people each year. This figure of 2655.20% per annum means ROOTY HILL is one of the fastest growing suburbs in NSW.
ROOTY HILL 2766 homeowners are paying around 15.49% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much less than the median average increase of NSW which is 29.63%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in ROOTY HILL, 2766 should have seen some difference. While the latest census median annual household figure income is now $73,944, it was $59,576 back in 2006, which is a net increase of $14,367 Subtract from that the median mortgage repayment increase of $3,258 and a mortgage broker’s clients could be up to $11,109 better off each year even without factoring in mortgage rate cuts.